Apple on Thursday announced record earnings for its March quarter, with revenue up 17%. Sales of iPhones continue to boom, with revenue from handsets — Apple’s most important product — up 22% year over year.
“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” said Tim Cook, Apple CEO, in a statement. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup.”
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